THE TRANSPARENT ECONOMY

Accountability & Reporting, 2010-2020

Athens, June 2010

1 Introduction

Co-founder:

— ENDS (1978-83, ongoing) — SustainAbility (1987-ongoing)— Volans (2008-ongoing)

— A-to-Z of Boards and Advisory Boards, from Aflatoun to Zouk Ventures

— Clients/Partners: e.g. Allianz, Bayer, Dow, HP, Nestlé, Novo Nordisk, SAP

Introduction

Introduction

60s 70s 80s 90s 2000s 2010s

Denial Compliance CSR Social Innovation

LegalLegal MarketingMarketing Human ResourcesHuman Resources C-SuiteC-Suite

LegalLegal

LegalLegal

LegalLegal

MarketingMarketingMarketingMarketing

Human ResourcesHuman Resources

From denial to social innovation

Introduction

2 Pressure Waves

3 The TIGERS Agenda

GRI: The Transparent Economy

Transparent Economy/2010

Transparent Economy, 2010-2020

TIGERS 1: Traceability

TIGERS 2: Integrated Reporting

Today’s reporting formats?

Tomorrow’s reporting formats?

TIGERS 3: Government Leadership

‘Report—or explain.

TIGERS 4: Environmental Boundaries

TIGERS 5: Rating & Ranking

TIGERS 6: Shadow Economies

GRI: The Transparent Economy

4 Where next?

12 of the 14 issues tested are seen as urgent by experts. Among them are various social and economic issues such as poverty, food security, and disease.

This suggests the emergence of a highly complex agenda where many diverse issues will compete for attention and resources.

Clean water, climate change, poverty, and biodiversity are seen as the most urgent sustainability challenges

Critical Issues

There is a large divide between the urgency of and companies’ effectiveness in addressing challenges

Corporate Leadership

Pathway to 2050 and its 9 elements

Vision 2050

Today

Email: john@volans.com

www.volans.com

www.sustainability.com

www.johnelkington.com